Financial NewsIn wake of Facebook IPO, Nasdaq CEO seeking amends in Silicon ValleySan Jose Mercury NewsSAN FRANCISCO — With the word "botched" now permanently affixed to the phrase "Facebook IPO," the chief executive of Nasdaq came…
BIRMINGHAM, Alabama (Reuters) – Alabama’s Jefferson County filed for bankruptcy court protection on Wednesday in the biggest municipal bankruptcy in U.S. history.
Commissioners for the county, which is home to Birmingham, the state’s biggest city …
http://www.pbs.org/wgbh/pages/frontline/warning/view/
In The Warning, veteran FRONTLINE producer Michael Kirk unearths the hidden history of the nation’s worst financial crisis since the Great Depression. At the center of it all he finds Brooksley Bor…
How do banks make money? Very simple. They borrow from you at cheap interest rates and then lend to you at higher interest rates. What? How do they do that? Well, when they pay you 0.5% on your checking account its as if they are borrowing from you …
Link from “Foreign Policy”
“When big-thinkers at companies with the most skin in the energy game are behind closed doors and they discuss how the world really looks going forward, do they say that there are bumps in the road but that things will be fi…